Horizon Technology Finance Corp. Reports Strong NAV Growth
Ticker: HTFC · Form: 10-K · Filed: Mar 4, 2025 · CIK: 1487428
Sentiment: bullish
Topics: financials, net-asset-value, annual-report
TL;DR
Horizon Tech Finance's NAV per share jumped to $215.03 from $69.00 - big win for shareholders!
AI Summary
Horizon Technology Finance Corp. reported its 2024 fiscal year results, ending December 31, 2024. The company's total assets grew to $766.8 million from $759.2 million in the prior year, while total liabilities increased to $207.6 million from $205.0 million. Net asset value per share was $215.03, a significant increase from $69.00 in the previous year.
Why It Matters
The substantial increase in net asset value per share suggests improved financial performance and potentially greater returns for shareholders.
Risk Assessment
Risk Level: medium — The company's financial performance is subject to market fluctuations and the creditworthiness of its portfolio companies.
Key Numbers
- $766.8M — Total Assets (Increased from $759.2M in 2023)
- $207.6M — Total Liabilities (Increased from $205.0M in 2023)
- $215.03 — Net Asset Value Per Share (Significant increase from $69.00 in 2023)
Key Players & Entities
- Horizon Technology Finance Corp. (company) — Filer of the 10-K report
- December 31, 2024 (date) — End of the fiscal year reported
- $766.8 million (dollar_amount) — Total assets as of December 31, 2024
- $759.2 million (dollar_amount) — Total assets as of December 31, 2023
- $207.6 million (dollar_amount) — Total liabilities as of December 31, 2024
- $205.0 million (dollar_amount) — Total liabilities as of December 31, 2023
- $215.03 (dollar_amount) — Net asset value per share as of December 31, 2024
- $69.00 (dollar_amount) — Net asset value per share as of December 31, 2023
FAQ
What was Horizon Technology Finance Corp.'s total asset value at the end of fiscal year 2024?
Horizon Technology Finance Corp.'s total asset value was $766,774,000 as of December 31, 2024.
How did the company's total liabilities change from 2023 to 2024?
Total liabilities increased from $205,000,000 as of December 31, 2023, to $207,600,000 as of December 31, 2024.
What was the net asset value per share for Horizon Technology Finance Corp. on December 31, 2024?
The net asset value per share was $215.03 on December 31, 2024.
Were the 2031 Convertible Notes outstanding as of December 31, 2023?
No, the 2031 Convertible Notes were not outstanding as of December 31, 2023.
What was the net asset value per share on December 31, 2023?
The net asset value per share was $69.00 on December 31, 2023.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 4, 2025 regarding Horizon Technology Finance Corp (HTFC).